Supreme (India) Impex (NSE:SIIL) Inventory Turnover: 0.00 (As of Mar. 2018)


What is Supreme (India) Impex Inventory Turnover?

Supreme (India) Impex NSE:SIIL Inventory Turnover is 0.00 as of Mar. 2018.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Supreme (India) Impex's Cost of Goods Sold for the six months ended in Mar. 2018 was ₹0 Mil. Supreme (India) Impex's Average Total Inventories for the quarter that ended in Mar. 2018 was ₹266 Mil. Supreme (India) Impex's Inventory Turnover for the quarter that ended in Mar. 2018 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Supreme (India) Impex  (NSE:SIIL) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Supreme (India) Impex's Days Inventory for the six months ended in Mar. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2018 )/Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=266.389/0*365 / 2
=

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Supreme (India) Impex's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2018 ) / Revenue (Q: Mar. 2018 )
=266.389 / 0
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Supreme (India) Impex Inventory Turnover Related Terms

Supreme (India) Impex Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Supreme (India) Impex's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Supreme (India) Impex Inventory Turnover Chart

Supreme (India) Impex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Inventory Turnover
11.86 10.31 12.40 10.52 9.51

Supreme (India) Impex Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Mar18
Inventory Turnover Get a 7-Day Free Trial 6.48 3.69 3.64 3.80 0.00

Supreme (India) Impex Inventory Turnover Calculation

Supreme (India) Impex's Inventory Turnover for the fiscal year that ended in Mar. 2018 is calculated as

Inventory Turnover (A: Mar. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2018 ) / ((Total Inventories (A: Mar. 2017 ) + Total Inventories (A: Mar. 2018 )) / count )
=2532.106 / ((308.38 + 224.398) / 2 )
=2532.106 / 266.389
=9.51

Supreme (India) Impex's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

Inventory Turnover (Q: Mar. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2018 ) / ((Total Inventories (Q: Mar. 2017 ) + Total Inventories (Q: Mar. 2018 )) / count )
=0 / ((308.38 + 224.398) / 2 )
=0 / 266.389
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Supreme (India) Impex (NSE:SIIL) has a Inventory Turnover of 0.00 as of Mar. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Supreme (India) Impex and its competitors.
Is Supreme (India) Impex's Inventory Turnover too high?
Supreme (India) Impex's current Inventory Turnover is 0.00.
How does Supreme (India) Impex's Inventory Turnover compare to competitors?
Supreme (India) Impex's Inventory Turnover of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Supreme (India) Impex and its competitors. Supreme (India) Impex's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supreme (India) Impex stock overvalued right now?
Supreme (India) Impex (NSE:SIIL) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Supreme (India) Impex (NSE:SIIL), the current Inventory Turnover is 0.00 as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Supreme (India) Impex Business Description

Address Plot No.823/2, Supreme House, Road No.8, GIDC, Sachin, Near Sagar Hotel, Opposite Jai Jinendra Prints Pvt. Ltd, Surat, GJ, IND, 394230
Supreme (India) Impex Ltd is an India-based firm which is engaged in manufacturing, trading, and distribution of fabrics, apparels, garments, dress materials and other related textile products. The company has also ventured into computerized embroidery business on sarees, cotton and other silk cloth. In addition, the company is also engaged in retailing of readymade garments and other textile products through its retail outlets. Its product portfolio comprises of a product like Textiles, Fabrics, Yarns, Garments, and other related clothes and possesses market recognition under the brand name MALKIE. It derives revenue from the Indian market, while it also has a presence in Africa, European countries and various other countries.